Will it be a slam dunk for the US sports betting wagering restriction?
By Natalie Sherman
Business press reporter, New York
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A ban on sports betting in a lot of US states might be overturned by a case being considered by the Supreme Court.
The state of New Jersey is challenging the 1992 federal law that mostly forbade sports betting gaming, describing the matter as a "states' rights" problem.
The case, which started on Monday, follows New Jersey citizens enacted 2011 to legalise sports betting.
A group of sports betting leagues opposes banking on video games, which they fear will motivate match-fixing.
Lower courts have actually regularly ruled against New Jersey, stating it is within the federal government's power to limit a state's policy options.
The Supreme Court chose to hear the case nevertheless amid a wider shift in American mindsets towards gambling.
Before 1976, Nevada - home of the Las Vegas strip - was the only state with legal casinos outside Native American lands.
But in the last few years, states hungry for tax profits in the wake of the monetary crash have enacted a rash of looser gaming laws, collecting substantial levies on gaming income.
There are now 24 states with commercial gambling establishments - approximately double the number a decade back.
Despite the main ban, which already excuses Nevada and 3 other states, illegal sports betting wagering is swarming in the US.
place about $154bn in illegal sports betting bets every year, according to the American Gaming Association.
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The association's president, Geoff Freeman, explained the federal ban, external as an "utter failure" earlier this year.
It says the UK is an example of a nation where sports betting wagering is prevalent.
"It's time for Washington to stop depriving states of critical tax earnings and enable them to reap the benefits of a regulated market," Mr Freeman stated.
More than 15 states submitted documents in support of New Jersey in the case. A handful have actually currently passed laws to authorise sports betting wagering in the event of a change.
'Times have changed'
On Monday, as legal representatives began arguments for the Supreme Court, some more conservative judges appeared sceptical of the existing law.
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The court is anticipated to make a choice in June 2018.
"If we are successful here we could have bets being taken in New Jersey within two weeks of a decision by the court," stated outgoing New Jersey guv Chris Christie after attending the court hearing. "We're prepared in New Jersey - we're prepared to go."
Despite the court's last judgment, Congress might also take up the argument in the middle of broader discussion about online video gaming and e-sports betting.
Even some of the expert sports betting leagues have begun to alter their positions on the question of sports betting.
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Adam Silver, National Basketball Association commissioner, supported a federal law that would create an uniform set of rules throughout the US. "Times have actually altered," he wrote in a 2014 viewpoint piece, external.
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Will it be a Slam Dunk for the US Sports Betting Ban?
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